Deficit and Determination: Difference between pages

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#''Pensions accounting.'' The excess of liabilities over assets in a funded Defined benefit pension scheme; also known as under-funding.  For example, if the liabilities were 100 and the assets were 90, the deficit would be 100 - 90 = 10. (Not to be confused with the percentage ''funding level'' which in this example would be 90/100 = 90%.)
1. ''Tax''.
#More generally, any financial shortfall.
 
A formal statement by a tax authority of an amount of tax payable by a taxpayer, often made on an estimated basis in the absence of a tax return or other information from the taxpayer.
 
 
2.  
 
Any other conclusive or systematically calculated amount or decision.
 


== See also ==
== See also ==
* [[Amortisation]]
* [[Claims and elections]]
* [[Fiscal deficit]]
* [[Coefficient of determination]]
* [[FRS 17]]
* [[Interest determination date]]
* [[Funding level]]
 
* [[Multicurrency cross-border pooling]]
[[Category:Accounting,_tax_and_regulation]]
* [[Multicurrency one-country pooling]]
* [[Surplus]]

Latest revision as of 15:30, 19 April 2019

1. Tax.

A formal statement by a tax authority of an amount of tax payable by a taxpayer, often made on an estimated basis in the absence of a tax return or other information from the taxpayer.


2.

Any other conclusive or systematically calculated amount or decision.


See also

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